New York Councilman Storms Chase Bank To Protest Foreclosures

[marmar]

from HuffPost:



Watch: http://www.huffingtonpost.com/2011/02/24/new-york-councilman-storms-chase-bank_n_827942.html


Washington-- Flanked by a crowd of fellow protesters, New York City Councilman Jumaane Williams marched into a Park Avenue Chase bank Wednesday morning to take out his money and voice his disapproval of the bank's dismal record of helping homeowners avoid foreclosure.

After denouncing the bank to a cheering crowd and calling its executives "bloodsuckers" for accepting bailout money and refusing to help the suffering homeowners they "preyed on," Williams was stopped by security guards at the door and told the branch was closed. The mob then chanted "open the door" until Williams was let in, at which point he closed his account.

Williams told HuffPost that when campaigning in New York City, he met at least two people on every block with mortgage troubles. He said he doesn't want the bank to use his money to "further deteriorate the community" he represents, especially in light of chief executive Jamie Dimon's recent $17 million bonus. .........(more)

The complete piece is at: http://www.huffingtonpost.com/2011/02/24/new-york-councilman-storms-chase-bank_n_827942.html

[leftstreet]

1. K&R

[sarcasmo]

2. This is what it takes to get their attention. Now add torches and pitchforks.

[fittosurvive]

3. No need for torches and pitchforks--widespread withdrawals would be much more effective.

[leftstreet]

5. Absolutely!

[ProgressiveProfessor]

4. You are aware that most of the people you would poke or burn really do not make than much

The big money is in the downtown offices which are not open to the public, not the branches where you go for transactions.